Digital Power Corporation (AMEX:DPW) – Ault Global Creates Ault Global Real Estate Equities To Invest In Commercial Real Estate
- Ault Global Holdings Inc (NYSE: DPW) founded Ault Global Real Estate Equities, a Nevada Corporation (AGREE) to invest in commercial real estate.
- AGREE would target the mid-market segment in the US and has appointed Christopher K. Wu as Chief Executive Officer to lead this strategy.
- “We believe there are attractive commercial real estate assets in the United States that would benefit from capital investments and repositioning, and we believe that Chris Wu’s experience in the commercial real estate sector will provide a strong leadership role in driving investments that meet our needs meet criteria, ”said Milton“ Todd ”Ault, Executive Chairman of Ault Global.
- Price action: DPW shares traded 1.32% at USD 2.28 ahead of market on Friday’s last check.
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